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PUBLISHER: KBV Research | PRODUCT CODE: 1529350
PUBLISHER: KBV Research | PRODUCT CODE: 1529350
LAMEA Savory Ingredients Market Size, Share & Trends Analysis Report By Source (Natural, and Synthetic), By Application, By Type, By Country and Growth Forecast, 2024 - 2031
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PAGES: 132 Pages
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The Latin America, Middle East and Africa Savory Ingredients Market would witness market growth of 8.4% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Savory Ingredients Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $268.7 million by 2031. The Argentina market is showcasing a CAGR of 9.3% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 8.1% during (2024 - 2031).
The premiumization of food products drives the demand for high-quality savory ingredients. As disposable incomes rise, particularly in developing regions, consumers will spend more on premium food products that promise superior taste and quality.
Moreover, this willingness to invest in premium offerings has incorporated gourmet savory ingredients, such as truffle oil, aged balsamic vinegar, and artisanal cheeses, into everyday food products.
The LAMEA region presents a diverse and growing market for savory ingredients. The culinary traditions in this region are rich and varied, with a strong emphasis on bold and flavorful foods. Countries such as Brazil and South Africa are major contributors to the savory ingredients market in LAMEA. In Latin America, the demand for savory ingredients is driven by the popularity of traditional foods such as tacos, empanadas, and feijoada, which rely heavily on spices, herbs, and seasoning blends.
Based on Source, the market is segmented into Natural, and Synthetic. Based on Application, the market is segmented into Snacks, Ready Meals, Feed, and Others. Based on Type, the market is segmented into Monosodium Glutamate, Yeast Extract, Starch, Hydrolyzed Vegetable Protein, Hydrolyzed Animal Protein, Nucleotides, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Sensient Technologies Corporation
- Kerry Group plc.
- Archer Daniels Midland Company
- AngelYeast Co., Ltd.
- Tate & Lyle plc
- Associated British Foods PLC (Wittington Investments Limited)
- Koninklijke DSM N.V.
- Givaudan International SA
- Symrise AG
- Ajinomoto Co., Inc.
LAMEA Savory Ingredients Market Report Segmentation
By Source
- Natural
- Synthetic
By Application
- Snacks
- Ready Meals
- Feed
- Others
By Type
- Monosodium Glutamate
- Yeast Extract
- Starch
- Hydrolyzed Vegetable Protein
- Hydrolyzed Animal Protein
- Nucleotides
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 LAMEA Savory Ingredients Market, by Source
- 1.4.2 LAMEA Savory Ingredients Market, by Application
- 1.4.3 LAMEA Savory Ingredients Market, by Type
- 1.4.4 LAMEA Savory Ingredients Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
Chapter 4. LAMEA Savory Ingredients Market by Source
- 4.1 LAMEA Natural Market by Country
- 4.2 LAMEA Synthetic Market by Country
Chapter 5. LAMEA Savory Ingredients Market by Application
- 5.1 LAMEA Snacks Market by Country
- 5.2 LAMEA Ready Meals Market by Country
- 5.3 LAMEA Feed Market by Country
- 5.4 LAMEA Others Market by Country
Chapter 6. LAMEA Savory Ingredients Market by Type
- 6.1 LAMEA Monosodium Glutamate Market by Country
- 6.2 LAMEA Yeast Extract Market by Country
- 6.3 LAMEA Starch Market by Country
- 6.4 LAMEA Hydrolyzed Vegetable Protein Market by Country
- 6.5 LAMEA Hydrolyzed Animal Protein Market by Country
- 6.6 LAMEA Nucleotides Market by Country
- 6.7 LAMEA Others Market by Country
Chapter 7. LAMEA Savory Ingredients Market by Country
- 7.1 Brazil Savory Ingredients Market
- 7.1.1 Brazil Savory Ingredients Market by Source
- 7.1.2 Brazil Savory Ingredients Market by Application
- 7.1.3 Brazil Savory Ingredients Market by Type
- 7.2 Argentina Savory Ingredients Market
- 7.2.1 Argentina Savory Ingredients Market by Source
- 7.2.2 Argentina Savory Ingredients Market by Application
- 7.2.3 Argentina Savory Ingredients Market by Type
- 7.3 UAE Savory Ingredients Market
- 7.3.1 UAE Savory Ingredients Market by Source
- 7.3.2 UAE Savory Ingredients Market by Application
- 7.3.3 UAE Savory Ingredients Market by Type
- 7.4 Saudi Arabia Savory Ingredients Market
- 7.4.1 Saudi Arabia Savory Ingredients Market by Source
- 7.4.2 Saudi Arabia Savory Ingredients Market by Application
- 7.4.3 Saudi Arabia Savory Ingredients Market by Type
- 7.5 South Africa Savory Ingredients Market
- 7.5.1 South Africa Savory Ingredients Market by Source
- 7.5.2 South Africa Savory Ingredients Market by Application
- 7.5.3 South Africa Savory Ingredients Market by Type
- 7.6 Nigeria Savory Ingredients Market
- 7.6.1 Nigeria Savory Ingredients Market by Source
- 7.6.2 Nigeria Savory Ingredients Market by Application
- 7.6.3 Nigeria Savory Ingredients Market by Type
- 7.7 Rest of LAMEA Savory Ingredients Market
- 7.7.1 Rest of LAMEA Savory Ingredients Market by Source
- 7.7.2 Rest of LAMEA Savory Ingredients Market by Application
- 7.7.3 Rest of LAMEA Savory Ingredients Market by Type
Chapter 8. Company Profiles
- 8.1 Sensient Technologies Corporation
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expenses
- 8.1.5 Recent strategies and developments:
- 8.1.5.1 Acquisition and Mergers:
- 8.1.6 SWOT Analysis
- 8.2 Kerry Group PLC
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Research & Development Expenses
- 8.2.5 Recent strategies and developments:
- 8.2.5.1 Product Launches and Product Expansions:
- 8.2.5.2 Acquisition and Mergers:
- 8.2.6 SWOT Analysis
- 8.3 Archer Daniels Midland Company
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expense
- 8.3.5 Recent strategies and developments:
- 8.3.5.1 Partnerships, Collaborations, and Agreements:
- 8.3.5.2 Acquisition and Mergers:
- 8.3.6 SWOT Analysis
- 8.4 Angel Yeast Co., Ltd.
- 8.4.1 Company Overview
- 8.4.2 SWOT Analysis
- 8.5 Tate & Lyle PLC
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental & Regional Analysis
- 8.5.4 Research & Development Expense
- 8.5.5 SWOT Analysis
- 8.6 Associated British Foods PLC (Wittington Investments Limited)
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expense
- 8.6.5 SWOT Analysis
- 8.7 Koninklijke DSM N.V.
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expenses
- 8.7.5 Recent strategies and developments:
- 8.7.5.1 Acquisition and Mergers:
- 8.7.6 SWOT Analysis
- 8.8 Givaudan S.A.
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expenses
- 8.8.5 SWOT Analysis
- 8.9 Symrise AG
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Segmental and Regional Analysis
- 8.9.4 Research & Development Expenses
- 8.9.5 SWOT Analysis
- 8.10. Ajinomoto Co., Inc.
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Segmental & Regional Analysis
- 8.10.4 Research & Development Expenses
- 8.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 LAMEA Savory Ingredients Market, 2020 - 2023, USD Million
- TABLE 2 LAMEA Savory Ingredients Market, 2024 - 2031, USD Million
- TABLE 3 LAMEA Savory Ingredients Market by Source, 2020 - 2023, USD Million
- TABLE 4 LAMEA Savory Ingredients Market by Source, 2024 - 2031, USD Million
- TABLE 5 LAMEA Natural Market by Country, 2020 - 2023, USD Million
- TABLE 6 LAMEA Natural Market by Country, 2024 - 2031, USD Million
- TABLE 7 LAMEA Synthetic Market by Country, 2020 - 2023, USD Million
- TABLE 8 LAMEA Synthetic Market by Country, 2024 - 2031, USD Million
- TABLE 9 LAMEA Savory Ingredients Market by Application, 2020 - 2023, USD Million
- TABLE 10 LAMEA Savory Ingredients Market by Application, 2024 - 2031, USD Million
- TABLE 11 LAMEA Snacks Market by Country, 2020 - 2023, USD Million
- TABLE 12 LAMEA Snacks Market by Country, 2024 - 2031, USD Million
- TABLE 13 LAMEA Ready Meals Market by Country, 2020 - 2023, USD Million
- TABLE 14 LAMEA Ready Meals Market by Country, 2024 - 2031, USD Million
- TABLE 15 LAMEA Feed Market by Country, 2020 - 2023, USD Million
- TABLE 16 LAMEA Feed Market by Country, 2024 - 2031, USD Million
- TABLE 17 LAMEA Others Market by Country, 2020 - 2023, USD Million
- TABLE 18 LAMEA Others Market by Country, 2024 - 2031, USD Million
- TABLE 19 LAMEA Savory Ingredients Market by Type, 2020 - 2023, USD Million
- TABLE 20 LAMEA Savory Ingredients Market by Type, 2024 - 2031, USD Million
- TABLE 21 LAMEA Monosodium Glutamate Market by Country, 2020 - 2023, USD Million
- TABLE 22 LAMEA Monosodium Glutamate Market by Country, 2024 - 2031, USD Million
- TABLE 23 LAMEA Yeast Extract Market by Country, 2020 - 2023, USD Million
- TABLE 24 LAMEA Yeast Extract Market by Country, 2024 - 2031, USD Million
- TABLE 25 LAMEA Starch Market by Country, 2020 - 2023, USD Million
- TABLE 26 LAMEA Starch Market by Country, 2024 - 2031, USD Million
- TABLE 27 LAMEA Hydrolyzed Vegetable Protein Market by Country, 2020 - 2023, USD Million
- TABLE 28 LAMEA Hydrolyzed Vegetable Protein Market by Country, 2024 - 2031, USD Million
- TABLE 29 LAMEA Hydrolyzed Animal Protein Market by Country, 2020 - 2023, USD Million
- TABLE 30 LAMEA Hydrolyzed Animal Protein Market by Country, 2024 - 2031, USD Million
- TABLE 31 LAMEA Nucleotides Market by Country, 2020 - 2023, USD Million
- TABLE 32 LAMEA Nucleotides Market by Country, 2024 - 2031, USD Million
- TABLE 33 LAMEA Others Market by Country, 2020 - 2023, USD Million
- TABLE 34 LAMEA Others Market by Country, 2024 - 2031, USD Million
- TABLE 35 LAMEA Savory Ingredients Market by Country, 2020 - 2023, USD Million
- TABLE 36 LAMEA Savory Ingredients Market by Country, 2024 - 2031, USD Million
- TABLE 37 Brazil Savory Ingredients Market, 2020 - 2023, USD Million
- TABLE 38 Brazil Savory Ingredients Market, 2024 - 2031, USD Million
- TABLE 39 Brazil Savory Ingredients Market by Source, 2020 - 2023, USD Million
- TABLE 40 Brazil Savory Ingredients Market by Source, 2024 - 2031, USD Million
- TABLE 41 Brazil Savory Ingredients Market by Application, 2020 - 2023, USD Million
- TABLE 42 Brazil Savory Ingredients Market by Application, 2024 - 2031, USD Million
- TABLE 43 Brazil Savory Ingredients Market by Type, 2020 - 2023, USD Million
- TABLE 44 Brazil Savory Ingredients Market by Type, 2024 - 2031, USD Million
- TABLE 45 Argentina Savory Ingredients Market, 2020 - 2023, USD Million
- TABLE 46 Argentina Savory Ingredients Market, 2024 - 2031, USD Million
- TABLE 47 Argentina Savory Ingredients Market by Source, 2020 - 2023, USD Million
- TABLE 48 Argentina Savory Ingredients Market by Source, 2024 - 2031, USD Million
- TABLE 49 Argentina Savory Ingredients Market by Application, 2020 - 2023, USD Million
- TABLE 50 Argentina Savory Ingredients Market by Application, 2024 - 2031, USD Million
- TABLE 51 Argentina Savory Ingredients Market by Type, 2020 - 2023, USD Million
- TABLE 52 Argentina Savory Ingredients Market by Type, 2024 - 2031, USD Million
- TABLE 53 UAE Savory Ingredients Market, 2020 - 2023, USD Million
- TABLE 54 UAE Savory Ingredients Market, 2024 - 2031, USD Million
- TABLE 55 UAE Savory Ingredients Market by Source, 2020 - 2023, USD Million
- TABLE 56 UAE Savory Ingredients Market by Source, 2024 - 2031, USD Million
- TABLE 57 UAE Savory Ingredients Market by Application, 2020 - 2023, USD Million
- TABLE 58 UAE Savory Ingredients Market by Application, 2024 - 2031, USD Million
- TABLE 59 UAE Savory Ingredients Market by Type, 2020 - 2023, USD Million
- TABLE 60 UAE Savory Ingredients Market by Type, 2024 - 2031, USD Million
- TABLE 61 Saudi Arabia Savory Ingredients Market, 2020 - 2023, USD Million
- TABLE 62 Saudi Arabia Savory Ingredients Market, 2024 - 2031, USD Million
- TABLE 63 Saudi Arabia Savory Ingredients Market by Source, 2020 - 2023, USD Million
- TABLE 64 Saudi Arabia Savory Ingredients Market by Source, 2024 - 2031, USD Million
- TABLE 65 Saudi Arabia Savory Ingredients Market by Application, 2020 - 2023, USD Million
- TABLE 66 Saudi Arabia Savory Ingredients Market by Application, 2024 - 2031, USD Million
- TABLE 67 Saudi Arabia Savory Ingredients Market by Type, 2020 - 2023, USD Million
- TABLE 68 Saudi Arabia Savory Ingredients Market by Type, 2024 - 2031, USD Million
- TABLE 69 South Africa Savory Ingredients Market, 2020 - 2023, USD Million
- TABLE 70 South Africa Savory Ingredients Market, 2024 - 2031, USD Million
- TABLE 71 South Africa Savory Ingredients Market by Source, 2020 - 2023, USD Million
- TABLE 72 South Africa Savory Ingredients Market by Source, 2024 - 2031, USD Million
- TABLE 73 South Africa Savory Ingredients Market by Application, 2020 - 2023, USD Million
- TABLE 74 South Africa Savory Ingredients Market by Application, 2024 - 2031, USD Million
- TABLE 75 South Africa Savory Ingredients Market by Type, 2020 - 2023, USD Million
- TABLE 76 South Africa Savory Ingredients Market by Type, 2024 - 2031, USD Million
- TABLE 77 Nigeria Savory Ingredients Market, 2020 - 2023, USD Million
- TABLE 78 Nigeria Savory Ingredients Market, 2024 - 2031, USD Million
- TABLE 79 Nigeria Savory Ingredients Market by Source, 2020 - 2023, USD Million
- TABLE 80 Nigeria Savory Ingredients Market by Source, 2024 - 2031, USD Million
- TABLE 81 Nigeria Savory Ingredients Market by Application, 2020 - 2023, USD Million
- TABLE 82 Nigeria Savory Ingredients Market by Application, 2024 - 2031, USD Million
- TABLE 83 Nigeria Savory Ingredients Market by Type, 2020 - 2023, USD Million
- TABLE 84 Nigeria Savory Ingredients Market by Type, 2024 - 2031, USD Million
- TABLE 85 Rest of LAMEA Savory Ingredients Market, 2020 - 2023, USD Million
- TABLE 86 Rest of LAMEA Savory Ingredients Market, 2024 - 2031, USD Million
- TABLE 87 Rest of LAMEA Savory Ingredients Market by Source, 2020 - 2023, USD Million
- TABLE 88 Rest of LAMEA Savory Ingredients Market by Source, 2024 - 2031, USD Million
- TABLE 89 Rest of LAMEA Savory Ingredients Market by Application, 2020 - 2023, USD Million
- TABLE 90 Rest of LAMEA Savory Ingredients Market by Application, 2024 - 2031, USD Million
- TABLE 91 Rest of LAMEA Savory Ingredients Market by Type, 2020 - 2023, USD Million
- TABLE 92 Rest of LAMEA Savory Ingredients Market by Type, 2024 - 2031, USD Million
- TABLE 93 Key Information - Sensient Technologies Corporation
- TABLE 94 Key Information - Kerry Group PLC
- TABLE 95 Key Information - Archer Daniels Midland Company
- TABLE 96 Key InforTmation - Angel Yeast Co., Ltd.
- TABLE 97 Key Information - Tate & Lyle PLC
- TABLE 98 Key Information - Associated British Foods PLC
- TABLE 99 Key Information - Koninklijke DSM N.V.
- TABLE 100 Key Information - Givaudan S.A.
- TABLE 101 Key Information - Symrise AG
- TABLE 102 Key information - Ajinomoto Co., Inc.
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